Accountant for E-commerce Businesses in Toronto
At Stratos Accounting & Consulting, we understand that running an e-commerce business in Toronto is exciting but comes with its own set of financial challenges. Whether you're selling on Shopify, Amazon, Etsy, or WooCommerce, staying compliant, managing taxes, and keeping an eye on profitability can feel overwhelming.
That's where we come in. As a Toronto-based firm specializing in e-commerce accounting, we help online sellers stay on top of their numbers, reduce tax liabilities, and keep accurate records across all sales platforms. Our team works with everyone from new digital entrepreneurs to established multi-channel businesses, delivering real-time financial insights and peace of mind.
E-commerce & Online Retail Industry Overview
Toronto's e-commerce scene is growing fast. With more people buying online than ever before, there's a huge opportunity for digital-first businesses to thrive. But with that growth comes complexity. From CRA reporting and sales tax obligations to platform fees, inventory costs, and refund handling, there's a lot to manage behind the scenes.
Many online sellers in Ontario are also navigating multi-province tax rules, trying to make sense of platform-specific payouts, or dealing with unexpected audit requests. Stratos helps cut through the noise. We provide expert guidance and hands-on support to ensure your business remains compliant and your books are in order.
Professional E-commerce Accounting Services
We offer end-to-end accounting solutions tailored to the unique needs of e-commerce businesses. Whether you need help with automated bookkeeping, financial reporting, or planning ahead for tax season, we've got you covered.
Our services are built specifically for digital product sales and online business bookkeeping. We work closely with platforms like Shopify and Amazon to deliver smart, seamless accounting you can trust. From day-to-day numbers to big-picture strategy, we make it easier to run your business with confidence.
Bookkeeping for Shopify, Amazon, Etsy & WooCommerce
If you're tired of sorting through spreadsheets and reconciling numbers by hand, we can help. Our team integrates with tools like A2X and QuickBooks Online to automatically sync your sales, fees, and payouts from platforms like Shopify, Amazon, Etsy, and WooCommerce.
This means you get accurate, up-to-date books without the need for manual entry or the risk of errors. It's bookkeeping built for e-commerce, and it's designed to save you time and reduce your CRA audit risk.
Canadian Tax Compliance (GST/HST, PST & CRA Filing)
Navigating GST/HST compliance across Canada can be complicated, especially when your customers are in multiple provinces. We help you register, collect, and file the correct taxes — no guesswork involved.
Our team is well-versed in managing CRA filings, navigating multi-province rules, and providing support throughout any audit situation. Whether you're just getting started or scaling up, we make sales tax filing straightforward and stress-free.
Inventory & COGS Tracking for E-commerce
Inventory tracking plays a big role in understanding your profit margins. We help you manage and reconcile your inventory using methods like FIFO and landed cost tracking.
Our team ensures that your cost of goods sold (COGS) is calculated accurately so your financial reports accurately reflect the real performance of your business. If you work with a Toronto-based warehouse or 3PL, we'll make sure everything lines up.
Platform Fee & Refund Reconciliation
Selling online means dealing with platform commissions, chargebacks, and refunds — all of which affect your bottom line. We handle the heavy lifting when it comes to refund reconciliation and chargeback management.
With Stratos, you'll get a clearer view of your true net profit, so you can make smarter decisions and avoid financial surprises.
Cash Flow Planning for Seasonal Online Sales
Planning for busy periods, such as Black Friday and Boxing Day, is key to keeping your business running smoothly. We offer cash flow forecasting, budget templates, and personalized advisory sessions to help you prepare.
Whether you're stocking up or hiring extra help, our team works with you to build a cash flow plan that supports your goals and keeps you in control.
Payroll & Remote Contractor Management
Managing a remote team? We've got payroll covered, too. We take care of everything from T4s and T4As to remittances and contractor payments.
We'll also help you understand CRA classifications so you know exactly how to handle staff, virtual assistants, and freelancers. Our payroll services make it simple to pay your team — no matter where they're located.
Why E-commerce Need a Specialized Accountant
If you have an e-commerce business, you probably already know that your business doesn't fit the usual mould. Traditional accountants often fall short when it comes to digital sales, affiliate payouts, or managing remote teams.
At Stratos, we offer accounting that fits your world. From handling platform complexity to managing refunds, tracking inventory, and processing remote payroll, we ensure that every aspect of your business is supported.
Benefits of Using E-commerce Accounting Services
Partnering with Stratos means more than just getting your books done. We help you stay focused on what really matters — growing your business. Here's what you can expect:
- Financial statements that are ready for the CRA
- A lower risk of audits and financial errors
- Maximized tax deductions and optimized cash flow
- Real-time performance tracking with dashboards you can actually use
- More time back in your day to focus on sales and strategy
Our goal is to take the stress out of your numbers so you can focus on what you do best.
Why Choose Stratos for Your E-commerce Business
We're not your average accounting firm. Stratos is built specifically for e-commerce businesses, with a team that understands the platforms, taxes, and challenges you face every day.
Here's what sets us apart:
- Deep specialization in accounting for online sellers
- Expertise in GST/HST compliance, CRA reporting, and digital platform finance
- One-on-one support tailored to your business
- Simple, transparent pricing with no surprises
- A trusted name in the Toronto e-commerce community
Whether you're managing one store or multiple channels, we'll help you make sense of the numbers and keep your business on track.
Request a Free Consultation
Looking for expert E-commerce accounting services? Contact Stratos Accounting & Consulting today for a free consultation. We'll help you manage your finances, make informed decisions, and keep your E-commerce business running smoothly.